ZEN-NOH: Japanese cooperatives and agricultural trade
ZEN-NOH's cooperative model, farm product marketing, feed and farm inputs, its international network and JPY 4,877 billion in FY2024 operating earnings.
ZEN-NOH is the national federation of Japan's agricultural cooperatives, linking the marketing of farm products with the supply of farm inputs.
Japan ยท National federation of agricultural cooperative associations
ZEN-NOH is the national federation of agricultural cooperative associations in Japan and operates within the country's cooperative system, with a different ownership model from a conventional listed corporation. Its activities cover rice and other crops, fruit and vegetables, livestock, dairy, feed and farm production materials. An international network supports sourcing abroad and links the Japanese market with overseas suppliers in North America, South America, Europe and Asia.
The organisation works in two directions. It provides marketing channels for the products of Japanese farms, and it uses collective purchasing to supply them with feed, fertilisers, crop protection, machinery and horticultural materials. The national federation, a local cooperative and an overseas trading company are separate entities, and commercial counterparties are not automatically members of the same cooperative structure. The wider JA system is also broader than ZEN-NOH itself.
Size of the business
ZEN-NOH reported JPY 4,877 billion in consolidated operating earnings for FY2024, the year from 1 April 2024 to 31 March 2025. In its reporting this is a revenue line, not operating profit.
Is ZEN-NOH a listed company?
No. It is a national federation of agricultural cooperative associations, with a different ownership model from a conventional listed corporation.
Does operating earnings mean profit here?
No. In ZEN-NOH's report, operating earnings is a revenue line. Operating profit is reported separately.
The worldโs largest agricultural companies